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Malibu Home For Sale. An astonishing Paradise Cove compound, this contemporary residence has it all with approximately 90 feet of beach frontage, gated privacy, a spacious four-bedroom home, a guest bungalow on the beach, and an ever-changing panorama of ocean, islands, and sparkling Queen's Necklace lights. The main house centers around an ocean-view living/dining/kitchen great room with soaring ceilings, skylights, fireplace, wraparound windows, a vanishing wall of glass, and a sensational deck for lounging and indoor-outdoor entertaining. The chef's kitchen is styled with mid-century flair, superb appliances, bar seating, plus a built-in breakfast nook. Stairs lead up to a loft-style, ocean-view en-suite bedroom, while the lower levels are home to three bedrooms, including the tranquil primary suite a spacious retreat complete with fireplace, sitting area, walk-in closet, ocean-view spa bath, and a private deck with a hot tub and spectacular views. There is also a bonus/sleeping room and a large family/media room. A private stairway descends to a detached one-bedroom guest house with a living room, full kitchen, and three enormous decks front, side, and rooftop for entertaining, dining, beachfront relaxation, and star gazing. One deck also has a hot tub and a barrel sauna. Set behind gates at the end of a cul-de-sac, this lushly landscaped property is a marvelous, year-round vacation estate.